{"id":4773,"date":"2017-01-16T09:00:35","date_gmt":"2017-01-15T22:00:35","guid":{"rendered":"http:\/\/www.trc-gorod.ru\/?p=4773"},"modified":"2020-05-25T11:23:10","modified_gmt":"2020-05-25T01:23:10","slug":"7-top-financial-blunders-cripple-property-investing-future","status":"publish","type":"post","link":"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/","title":{"rendered":"7 Top Financial Blunders That Cripple Your Property Investing Future"},"content":{"rendered":"

[et_pb_section bb_built=”1″ admin_label=”Section_2_Text Left:” transparent_background=”off” background_color=”#f7f7f7″ allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” padding_mobile=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off” custom_padding_tablet=”50px|0|50px|0″ custom_padding_last_edited=”on|desktop” inner_width=”auto” inner_max_width=”none”][et_pb_row make_fullwidth=”off” use_custom_width=”on” width_unit=”on” custom_width_px=”768px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”60px|60px|60px|60px” custom_padding_phone=”40px|20px|40px|20px” padding_mobile=”on” background_color=”#ffffff” allow_player_pause=”off” parallax=”off” parallax_method=”off” make_equal=”off” column_padding_mobile=”off” parallax_1=”off” parallax_method_1=”off” parallax_2=”off” parallax_method_2=”off” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” custom_padding_last_edited=”on|phone” disabled=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial” width=”80%” max_width=”768px”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”7 Top Financial Blunders That Cripple Your Property Investing Future” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”off” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”off” text_orientation=”left” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” disabled_on=”off|off|off” title_font_size=”36px” title_font_size_phone=”28px” title_font_size_last_edited=”on|phone” title_text_color=”#00afff” title_all_caps=”off” meta_text_color=”#95989a” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” custom_margin=”||40px|” disabled=”off” parallax=”on” \/][et_pb_text admin_label=”Text_B:” background_layout=”light” text_orientation=”left” use_border_color=”off” border_style=”solid” disabled=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n

If you expect to achieve financial independence after buying an investment property or two…and you expect to get there without making any mistakes, then I\u2019m afraid I\u2019ll have to burst your bubble right now. You WILL make mistakes, of that I\u2019ve no doubt. We all have.<\/span><\/p>\n

But what is MORE important than making mistakes is learning from them. When we use the knowledge we\u2019ve gained through both our failures and our successes it can carry us forward as property investors.<\/span><\/p>\n

And while we can learn from our own mistakes, an even better scenario is to learn from the mistakes of others. <\/span><\/p>\n

Towards that end I\u2019d like to share with you seven financial blunders that I\u2019ve often seen among property investors, especially when they first start out building their property investing portfolios.<\/span>
\nLearn from these examples and avoid making the same costly mistakes.<\/span><\/p>\n

[\/et_pb_text][et_pb_text admin_label=”Text_H3: ” background_layout=”light” text_orientation=”left” header_font=”Open Sans||||” use_border_color=”off” border_style=”solid” disabled=”off” saved_tabs=”all” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n

Mistake #1: Increasing their credit card limit<\/b><\/h3>\n

[\/et_pb_text][et_pb_text admin_label=”Text_B:” background_layout=”light” text_orientation=”left” use_border_color=”off” border_style=”solid” disabled=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n

Credit cards can be a drain on your finances, especially if you have a large credit limit and your card is maxed to the hilt!<\/span><\/p>\n

It can also impact your next investment property purchase because it reduces your serviceability.<\/span><\/p>\n

Rather than accept every credit card limit increase that the bank sends your way, keep your credit limit low – $2,000 is a good figure – and use it only for emergencies.<\/span><\/p>\n

[\/et_pb_text][et_pb_image admin_label=”Image_384px” src=”https:\/\/www.trc-gorod.ru\/wp-content\/uploads\/2017\/01\/shutterstock_225088219.jpg” alt=”Increasing their credit card limit” show_in_lightbox=”off” url_new_window=”off” use_overlay=”off” sticky=”off” align=”left” force_fullwidth=”off” always_center_on_mobile=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” custom_css_main_element=”max-width: 384px;” disabled=”off” animation_style=”slide” animation_duration=”500ms” animation_intensity_slide=”10%” animation_direction=”left” show_bottom_space=”on” \/][et_pb_text admin_label=”Text_H3: ” background_layout=”light” text_orientation=”left” header_font=”Open Sans||||” use_border_color=”off” border_style=”solid” disabled=”off” saved_tabs=”all” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n

Mistake #2: Using only one lender<\/b><\/h3>\n

[\/et_pb_text][et_pb_text admin_label=”Text_B:” background_layout=”light” text_orientation=”left” use_border_color=”off” border_style=”solid” disabled=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n

A common mistake that I see time and time again is the use of a single lender for every financial need. This strategy works in the bank\u2019s favour, not yours. <\/span><\/p>\n

If you have your car loan, personal loan, home loan and investment property loan with a single lender you are effectively shutting down your property investing future.<\/span><\/p>\n

Once you reach a certain financial level, the bank can seize all of your equity, impacting your ability to continue growing your investment portfolio. Unless you love hemorrhaging money, you don\u2019t want to do this!<\/span><\/p>\n

Assuming you like to keep your cash, simply use multiple lenders for each financial need you might have.<\/span><\/p>\n

[\/et_pb_text][et_pb_text admin_label=”Text_H3: ” background_layout=”light” text_orientation=”left” header_font=”Open Sans||||” use_border_color=”off” border_style=”solid” disabled=”off” saved_tabs=”all” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n

Mistake #3: Cross-Collateralisation <\/b><\/h3>\n

[\/et_pb_text][et_pb_text admin_label=”Text_B:” use_border_color=”off” disabled=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.22.2″ text_text_shadow_horizontal_length=”text_text_shadow_style,%91object Object%93″ text_text_shadow_vertical_length=”text_text_shadow_style,%91object Object%93″ text_text_shadow_blur_strength=”text_text_shadow_style,%91object Object%93″ link_text_shadow_horizontal_length=”link_text_shadow_style,%91object Object%93″ link_text_shadow_vertical_length=”link_text_shadow_style,%91object Object%93″ link_text_shadow_blur_strength=”link_text_shadow_style,%91object Object%93″ ul_text_shadow_horizontal_length=”ul_text_shadow_style,%91object Object%93″ ul_text_shadow_vertical_length=”ul_text_shadow_style,%91object Object%93″ ul_text_shadow_blur_strength=”ul_text_shadow_style,%91object Object%93″ ol_text_shadow_horizontal_length=”ol_text_shadow_style,%91object Object%93″ ol_text_shadow_vertical_length=”ol_text_shadow_style,%91object Object%93″ ol_text_shadow_blur_strength=”ol_text_shadow_style,%91object Object%93″ quote_text_shadow_horizontal_length=”quote_text_shadow_style,%91object Object%93″ quote_text_shadow_vertical_length=”quote_text_shadow_style,%91object Object%93″ quote_text_shadow_blur_strength=”quote_text_shadow_style,%91object Object%93″ header_text_shadow_horizontal_length=”header_text_shadow_style,%91object Object%93″ header_text_shadow_vertical_length=”header_text_shadow_style,%91object Object%93″ header_text_shadow_blur_strength=”header_text_shadow_style,%91object Object%93″ header_2_text_shadow_horizontal_length=”header_2_text_shadow_style,%91object Object%93″ header_2_text_shadow_vertical_length=”header_2_text_shadow_style,%91object Object%93″ header_2_text_shadow_blur_strength=”header_2_text_shadow_style,%91object Object%93″ header_3_text_shadow_horizontal_length=”header_3_text_shadow_style,%91object Object%93″ header_3_text_shadow_vertical_length=”header_3_text_shadow_style,%91object Object%93″ header_3_text_shadow_blur_strength=”header_3_text_shadow_style,%91object Object%93″ header_4_text_shadow_horizontal_length=”header_4_text_shadow_style,%91object Object%93″ header_4_text_shadow_vertical_length=”header_4_text_shadow_style,%91object Object%93″ header_4_text_shadow_blur_strength=”header_4_text_shadow_style,%91object Object%93″ header_5_text_shadow_horizontal_length=”header_5_text_shadow_style,%91object Object%93″ header_5_text_shadow_vertical_length=”header_5_text_shadow_style,%91object Object%93″ header_5_text_shadow_blur_strength=”header_5_text_shadow_style,%91object Object%93″ header_6_text_shadow_horizontal_length=”header_6_text_shadow_style,%91object Object%93″ header_6_text_shadow_vertical_length=”header_6_text_shadow_style,%91object Object%93″ header_6_text_shadow_blur_strength=”header_6_text_shadow_style,%91object Object%93″ z_index_tablet=”500″]<\/p>\n

When dealing with lenders remember that they are focused on minimising the risk to themselves, choosing to shift as much risk as possible to you, their customer. <\/span><\/p>\n

It\u2019s up to you to not let them do it!<\/span><\/p>\n

For example, if you want to use your equity to purchase another investment property, your lender may suggest you let them connect the properties together so that they have security over both rather than withdraw your equity as cash. <\/span><\/p>\n

Nearly always a bad idea. <\/span><\/p>\n

This is a mistake – one that will limit your LVR, keeping you from borrowing more money.<\/span>
Don\u2019t cross-collateralise your loans if at all possible.<\/span><\/p>\n

[\/et_pb_text][et_pb_image admin_label=”Image_384px” src=”https:\/\/www.trc-gorod.ru\/wp-content\/uploads\/2017\/01\/shutterstock_545007454.jpg” title_text=”Cross-Collateralisation ” show_in_lightbox=”off” url_new_window=”off” use_overlay=”off” sticky=”off” align=”left” force_fullwidth=”off” always_center_on_mobile=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” custom_css_main_element=”max-width: 384px;” disabled=”off” animation_style=”slide” animation_duration=”500ms” animation_intensity_slide=”10%” animation_direction=”left” show_bottom_space=”on” \/][et_pb_text admin_label=”Text_H3: ” background_layout=”light” text_orientation=”left” header_font=”Open Sans||||” use_border_color=”off” border_style=”solid” disabled=”off” saved_tabs=”all” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n

Mistake #4: Allowing an \u201call monies clause\u201d<\/b><\/h3>\n

[\/et_pb_text][et_pb_text admin_label=”Text_B:” background_layout=”light” text_orientation=”left” use_border_color=”off” border_style=”solid” disabled=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n

One of the best clauses every bank will try to put into a mortgage is the \u201call monies clause\u201d. Of course, when I say \u201cbest\u201d I mean it\u2019s best for the lender, not you. \u00a0In fact, from the viewpoint of a property investor it\u2019s one of the <\/span>WORST<\/i><\/b> clauses and you <\/span>DON\u2019T WANT<\/i><\/b> it.<\/span><\/p>\n

In essence, this clause allows the bank to take any of your available funds on account with the bank including bank accounts, savings, credit cards and mortgages to be applied to your mortgage balance(s).<\/span><\/p>\n

We have had countless numbers of clients impacted by this nasty little clause. One gentlemen sold his business, and <\/span>while he was on holiday the bank took the proceeds ($1 million) in his bank account and applied it to his mortgages.<\/i><\/b><\/p>\n

Of course there was nothing he could do about it as it was all perfectly legal. Thanks to this beastly verbiage this man – who was 65 years old – is out money he had counted on having.<\/span><\/p>\n

To avoid this kind of heartache yourself, read your contracts with a fine toothed comb – making sure there are no \u201call monies\u201d clauses. If you find one – or God forbid several – speak with your personal finance professional about getting the clause(s) removed – before you face a similar situation.<\/span><\/p>\n

 <\/p>\n

[\/et_pb_text][et_pb_image admin_label=”Image_384px” src=”https:\/\/www.trc-gorod.ru\/wp-content\/uploads\/2017\/01\/shutterstock_541106614.jpg” alt=”Allowing an \u201call monies clause\u201d” show_in_lightbox=”off” url_new_window=”off” use_overlay=”off” sticky=”off” align=”left” force_fullwidth=”off” always_center_on_mobile=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” custom_css_main_element=”max-width: 384px;” disabled=”off” animation_style=”slide” animation_duration=”500ms” animation_intensity_slide=”10%” animation_direction=”left” show_bottom_space=”on” \/][et_pb_text admin_label=”Text_H3: ” background_layout=”light” text_orientation=”left” header_font=”Open Sans||||” use_border_color=”off” border_style=”solid” disabled=”off” saved_tabs=”all” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n

Mistake #5: Co-mingling business and personal finance<\/b><\/h3>\n

[\/et_pb_text][et_pb_text admin_label=”Text_B:” background_layout=”light” text_orientation=”left” use_border_color=”off” border_style=”solid” disabled=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n

Simplify your accounting by keeping your personal, business and investment property savings separate. Rather than establish a redraw account for your business and attach it to your personal home, withdraw the money and \u201clend\u201d it to your business.<\/span><\/p>\n

When it comes to finance, remember the K.I.S.S. principle – Keep It Super Simple and keep your accounts separate!<\/span><\/p>\n

[\/et_pb_text][et_pb_text admin_label=”Text_H3: ” background_layout=”light” text_orientation=”left” header_font=”Open Sans||||” use_border_color=”off” border_style=”solid” disabled=”off” saved_tabs=”all” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n

Mistake #6: \u00a0Failing to comprehend what makes <\/b>Principal + Interest<\/i><\/b> different from <\/b>Interest Only<\/i><\/b><\/h3>\n

[\/et_pb_text][et_pb_text admin_label=”Text_B:” background_layout=”light” text_orientation=”left” use_border_color=”off” border_style=”solid” disabled=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n

Your choice between the two comes down to your particular situation. A mortgage which is <\/span>principal and interest<\/span><\/i> will pay down your mortgage, however it puts a pinch on your ability to buy another investment property. This kind of a mortgage works best when you\u2019re in the consolidation phase of property investing and are looking to pare down your investment holdings.<\/span><\/p>\n

An <\/span>Interest Only<\/span><\/i> mortgage works best when you are attempting to build up your portfolio as it delivers the best bang for your buck in terms of serviceability. In other words, you\u2019ve got more money to pay the bills, so to speak!<\/span><\/p>\n

You\u2019re paying out a lot of money when you buy an investment property so it\u2019s crazy not to understand what you\u2019re doing. Get informed before choosing your loan type.<\/span><\/p>\n

[\/et_pb_text][et_pb_image admin_label=”Image_384px” src=”https:\/\/www.trc-gorod.ru\/wp-content\/uploads\/2017\/01\/shutterstock_542508520.jpg” alt=”home loan interest only” show_in_lightbox=”off” url_new_window=”off” use_overlay=”off” sticky=”off” align=”left” force_fullwidth=”off” always_center_on_mobile=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” custom_css_main_element=”max-width: 384px;” disabled=”off” animation_style=”slide” animation_duration=”500ms” animation_intensity_slide=”10%” animation_direction=”left” show_bottom_space=”on” \/][et_pb_text admin_label=”Text_H3: ” background_layout=”light” text_orientation=”left” header_font=”Open Sans||||” use_border_color=”off” border_style=”solid” disabled=”off” saved_tabs=”all” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]<\/p>\n

Mistake #7: Not using an offset account<\/b><\/h3>\n

[\/et_pb_text][et_pb_text admin_label=”Text_B:” use_border_color=”off” disabled=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.22.2″ text_text_shadow_horizontal_length=”text_text_shadow_style,%91object Object%93″ text_text_shadow_vertical_length=”text_text_shadow_style,%91object Object%93″ text_text_shadow_blur_strength=”text_text_shadow_style,%91object Object%93″ link_text_shadow_horizontal_length=”link_text_shadow_style,%91object Object%93″ link_text_shadow_vertical_length=”link_text_shadow_style,%91object Object%93″ link_text_shadow_blur_strength=”link_text_shadow_style,%91object Object%93″ ul_text_shadow_horizontal_length=”ul_text_shadow_style,%91object Object%93″ ul_text_shadow_vertical_length=”ul_text_shadow_style,%91object Object%93″ ul_text_shadow_blur_strength=”ul_text_shadow_style,%91object Object%93″ ol_text_shadow_horizontal_length=”ol_text_shadow_style,%91object Object%93″ ol_text_shadow_vertical_length=”ol_text_shadow_style,%91object Object%93″ ol_text_shadow_blur_strength=”ol_text_shadow_style,%91object Object%93″ quote_text_shadow_horizontal_length=”quote_text_shadow_style,%91object Object%93″ quote_text_shadow_vertical_length=”quote_text_shadow_style,%91object Object%93″ quote_text_shadow_blur_strength=”quote_text_shadow_style,%91object Object%93″ header_text_shadow_horizontal_length=”header_text_shadow_style,%91object Object%93″ header_text_shadow_vertical_length=”header_text_shadow_style,%91object Object%93″ header_text_shadow_blur_strength=”header_text_shadow_style,%91object Object%93″ header_2_text_shadow_horizontal_length=”header_2_text_shadow_style,%91object Object%93″ header_2_text_shadow_vertical_length=”header_2_text_shadow_style,%91object Object%93″ header_2_text_shadow_blur_strength=”header_2_text_shadow_style,%91object Object%93″ header_3_text_shadow_horizontal_length=”header_3_text_shadow_style,%91object Object%93″ header_3_text_shadow_vertical_length=”header_3_text_shadow_style,%91object Object%93″ header_3_text_shadow_blur_strength=”header_3_text_shadow_style,%91object Object%93″ header_4_text_shadow_horizontal_length=”header_4_text_shadow_style,%91object Object%93″ header_4_text_shadow_vertical_length=”header_4_text_shadow_style,%91object Object%93″ header_4_text_shadow_blur_strength=”header_4_text_shadow_style,%91object Object%93″ header_5_text_shadow_horizontal_length=”header_5_text_shadow_style,%91object Object%93″ header_5_text_shadow_vertical_length=”header_5_text_shadow_style,%91object Object%93″ header_5_text_shadow_blur_strength=”header_5_text_shadow_style,%91object Object%93″ header_6_text_shadow_horizontal_length=”header_6_text_shadow_style,%91object Object%93″ header_6_text_shadow_vertical_length=”header_6_text_shadow_style,%91object Object%93″ header_6_text_shadow_blur_strength=”header_6_text_shadow_style,%91object Object%93″ z_index_tablet=”500″]<\/p>\n

One of the best ways, by far, to boost your financial situation which can allow you to pay off your mortgage more quickly, and achieve your financial goals that much sooner is to use an offset account.<\/span><\/p>\n

Set up as either a transaction or a savings account, an offset account is linked to your home loan. Every bit of money you put into the account offsets the balance in your loan account, which equates to less interest coming out of your pocket. I don\u2019t know about you but I LOVE paying the ATO taxes…not!<\/span><\/p>\n

Seriously though – you can shave thousands of dollars – and years – off of the life of your mortgage. While this is an absolutely fantastic way to manage your finances, want to know what\u2019s even better? You are ALWAYS IN CONTROL of your extra cash, so if you need to pull out a few, you can certainly do so!<\/span><\/p>\n

<\/span><\/p>\n

If you need help or more tips about your Property Investment strategy, book a FREE consultation <\/a>with one of our expert Investment Coaches to discuss your situation and investing goals.<\/span><\/strong><\/span><\/p>\n

<\/span><\/p>\n

<\/span><\/p>\n

<\/span><\/p>\n

 <\/p>\n

[\/et_pb_text][et_pb_divider admin_label=”Divider: 5px Dotted” color=”#f7f7f7″ show_divider=”on” height=”5″ divider_style=”dotted” divider_position=”top” divider_weight=”2″ hide_on_mobile=”off” disabled_on=”off||” disabled=”off” saved_tabs=”all” \/][et_pb_image admin_label=”Image_75px: Sam” src=”https:\/\/trc-gorod.ru\/wp-content\/uploads\/2019\/07\/Staff_S-Saggers.png” show_in_lightbox=”off” url_new_window=”off” use_overlay=”off” sticky=”off” align=”left” force_fullwidth=”off” always_center_on_mobile=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” custom_css_main_element=”max-width: 75px;” disabled=”off” animation_style=”slide” animation_duration=”500ms” animation_intensity_slide=”10%” animation_direction=”left” show_bottom_space=”on” \/][\/et_pb_column][\/et_pb_row][et_pb_row make_fullwidth=”off” use_custom_width=”on” width_unit=”on” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ padding_mobile=”off” custom_margin=”40px|||” allow_player_pause=”off” parallax=”off” parallax_method=”off” make_equal=”off” column_padding_mobile=”on” parallax_1=”off” parallax_method_1=”off” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off” background_position=”top_left” background_repeat=”repeat” background_size=”initial” width=”80%” max_width=”1080px”][et_pb_column type=”4_4″][et_pb_blog fullwidth=”off” posts_number=”10″ include_categories=”1″ meta_date=”M j, Y” show_thumbnail=”on” show_content=”off” show_more=”off” show_author=”on” show_date=”on” show_categories=”off” show_comments=”off” show_pagination=”off” offset_number=”0″ use_overlay=”off” background_layout=”light” use_dropshadow=”off” header_text_color=”#00afff” meta_font_size=”13″ meta_text_color=”#95989a” body_font_size=”13″ body_text_color=”#95989a” use_border_color=”on” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off” border_color_all=”#ffffff” border_width_all=”1px” border_style_all=”solid” border_color_all_fullwidth=”#ffffff” border_width_all_fullwidth=”1px” border_style_all_fullwidth=”solid” box_shadow_color=”rgba(0,0,0,0.3)” box_shadow_style=”none” \/][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

If you expect to achieve financial independence after buying an investment property or two…and you expect to get there without making any mistakes, then I\u2019m afraid I\u2019ll have to burst your bubble right now. You WILL make mistakes, of that I\u2019ve no doubt. We all have. But what is MORE important than making mistakes is […]<\/p>\n","protected":false},"author":54,"featured_media":4775,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[46,45],"tags":[],"class_list":["post-4773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-how-to-improve-your-cash-flow","category-property-investment"],"yoast_head":"\n7 Common Mistakes To Avoid In Investment Property | TRC-Gorod<\/title>\n<meta name=\"description\" content=\"If you expect to achieve financial independence after buying an investment property or two, learn how to avoid some costly mistakes.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"7 Common Mistakes To Avoid In Investment Property | TRC-Gorod\" \/>\n<meta property=\"og:description\" content=\"If you expect to achieve financial independence after buying an investment property or two, learn how to avoid some costly mistakes.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/\" \/>\n<meta property=\"og:site_name\" content=\"TRC-Gorod\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/positiverealestate\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-15T22:00:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-25T01:23:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trc-gorod.ru\/wp-content\/uploads\/2017\/01\/shutterstock_539115445.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"795\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"TRC-Gorod\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"TRC-Gorod\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"17 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/\"},\"author\":{\"name\":\"TRC-Gorod\",\"@id\":\"https:\/\/trc-gorod.ru\/#\/schema\/person\/25bf8582de3d5db55e1ecacc9d1d5b4d\"},\"headline\":\"7 Top Financial Blunders That Cripple Your Property Investing Future\",\"datePublished\":\"2017-01-15T22:00:35+00:00\",\"dateModified\":\"2020-05-25T01:23:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/\"},\"wordCount\":3354,\"publisher\":{\"@id\":\"https:\/\/trc-gorod.ru\/#organization\"},\"articleSection\":[\"How to Improve your Cash Flow\",\"Property Investment\"],\"inLanguage\":\"en-AU\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/\",\"url\":\"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/\",\"name\":\"7 Common Mistakes To Avoid In Investment Property | TRC-Gorod\",\"isPartOf\":{\"@id\":\"https:\/\/trc-gorod.ru\/#website\"},\"datePublished\":\"2017-01-15T22:00:35+00:00\",\"dateModified\":\"2020-05-25T01:23:10+00:00\",\"description\":\"If you expect to achieve financial independence after buying an investment property or two, learn how to avoid some costly mistakes.\",\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trc-gorod.ru\/#website\",\"url\":\"https:\/\/trc-gorod.ru\/\",\"name\":\"TRC-Gorod\",\"description\":\"Building wealth through property\",\"publisher\":{\"@id\":\"https:\/\/trc-gorod.ru\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/trc-gorod.ru\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/trc-gorod.ru\/#organization\",\"name\":\"TRC-Gorod\",\"url\":\"https:\/\/trc-gorod.ru\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/trc-gorod.ru\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/trc-gorod.ru\/wp-content\/uploads\/2016\/11\/Hex_Section_Logo.png\",\"contentUrl\":\"https:\/\/trc-gorod.ru\/wp-content\/uploads\/2016\/11\/Hex_Section_Logo.png\",\"width\":560,\"height\":560,\"caption\":\"TRC-Gorod\"},\"image\":{\"@id\":\"https:\/\/trc-gorod.ru\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/positiverealestate\/\",\"https:\/\/www.youtube.com\/user\/PositiveRealEstateTV\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/trc-gorod.ru\/#\/schema\/person\/25bf8582de3d5db55e1ecacc9d1d5b4d\",\"name\":\"TRC-Gorod\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/trc-gorod.ru\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/805a7e87f9ab45e09adddbbf7ba9bcc0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/805a7e87f9ab45e09adddbbf7ba9bcc0?s=96&d=mm&r=g\",\"caption\":\"TRC-Gorod\"},\"url\":\"https:\/\/trc-gorod.ru\/author\/preadminmain\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"7 Common Mistakes To Avoid In Investment Property | TRC-Gorod","description":"If you expect to achieve financial independence after buying an investment property or two, learn how to avoid some costly mistakes.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/","og_locale":"en_US","og_type":"article","og_title":"7 Common Mistakes To Avoid In Investment Property | TRC-Gorod","og_description":"If you expect to achieve financial independence after buying an investment property or two, learn how to avoid some costly mistakes.","og_url":"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/","og_site_name":"TRC-Gorod","article_publisher":"https:\/\/www.facebook.com\/positiverealestate\/","article_published_time":"2017-01-15T22:00:35+00:00","article_modified_time":"2020-05-25T01:23:10+00:00","og_image":[{"width":1000,"height":795,"url":"https:\/\/trc-gorod.ru\/wp-content\/uploads\/2017\/01\/shutterstock_539115445.jpg","type":"image\/jpeg"}],"author":"TRC-Gorod","twitter_card":"summary_large_image","twitter_misc":{"Written by":"TRC-Gorod","Est. reading time":"17 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/#article","isPartOf":{"@id":"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/"},"author":{"name":"TRC-Gorod","@id":"https:\/\/trc-gorod.ru\/#\/schema\/person\/25bf8582de3d5db55e1ecacc9d1d5b4d"},"headline":"7 Top Financial Blunders That Cripple Your Property Investing Future","datePublished":"2017-01-15T22:00:35+00:00","dateModified":"2020-05-25T01:23:10+00:00","mainEntityOfPage":{"@id":"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/"},"wordCount":3354,"publisher":{"@id":"https:\/\/trc-gorod.ru\/#organization"},"articleSection":["How to Improve your Cash Flow","Property Investment"],"inLanguage":"en-AU"},{"@type":"WebPage","@id":"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/","url":"https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/","name":"7 Common Mistakes To Avoid In Investment Property | TRC-Gorod","isPartOf":{"@id":"https:\/\/trc-gorod.ru\/#website"},"datePublished":"2017-01-15T22:00:35+00:00","dateModified":"2020-05-25T01:23:10+00:00","description":"If you expect to achieve financial independence after buying an investment property or two, learn how to avoid some costly mistakes.","inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trc-gorod.ru\/7-top-financial-blunders-cripple-property-investing-future\/"]}]},{"@type":"WebSite","@id":"https:\/\/trc-gorod.ru\/#website","url":"https:\/\/trc-gorod.ru\/","name":"TRC-Gorod","description":"Building wealth through property","publisher":{"@id":"https:\/\/trc-gorod.ru\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trc-gorod.ru\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-AU"},{"@type":"Organization","@id":"https:\/\/trc-gorod.ru\/#organization","name":"TRC-Gorod","url":"https:\/\/trc-gorod.ru\/","logo":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/trc-gorod.ru\/#\/schema\/logo\/image\/","url":"https:\/\/trc-gorod.ru\/wp-content\/uploads\/2016\/11\/Hex_Section_Logo.png","contentUrl":"https:\/\/trc-gorod.ru\/wp-content\/uploads\/2016\/11\/Hex_Section_Logo.png","width":560,"height":560,"caption":"TRC-Gorod"},"image":{"@id":"https:\/\/trc-gorod.ru\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/positiverealestate\/","https:\/\/www.youtube.com\/user\/PositiveRealEstateTV"]},{"@type":"Person","@id":"https:\/\/trc-gorod.ru\/#\/schema\/person\/25bf8582de3d5db55e1ecacc9d1d5b4d","name":"TRC-Gorod","image":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/trc-gorod.ru\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/805a7e87f9ab45e09adddbbf7ba9bcc0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/805a7e87f9ab45e09adddbbf7ba9bcc0?s=96&d=mm&r=g","caption":"TRC-Gorod"},"url":"https:\/\/trc-gorod.ru\/author\/preadminmain\/"}]}},"_links":{"self":[{"href":"https:\/\/trc-gorod.ru\/wp-json\/wp\/v2\/posts\/4773"}],"collection":[{"href":"https:\/\/trc-gorod.ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trc-gorod.ru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trc-gorod.ru\/wp-json\/wp\/v2\/users\/54"}],"replies":[{"embeddable":true,"href":"https:\/\/trc-gorod.ru\/wp-json\/wp\/v2\/comments?post=4773"}],"version-history":[{"count":0,"href":"https:\/\/trc-gorod.ru\/wp-json\/wp\/v2\/posts\/4773\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trc-gorod.ru\/wp-json\/wp\/v2\/media\/4775"}],"wp:attachment":[{"href":"https:\/\/trc-gorod.ru\/wp-json\/wp\/v2\/media?parent=4773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trc-gorod.ru\/wp-json\/wp\/v2\/categories?post=4773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trc-gorod.ru\/wp-json\/wp\/v2\/tags?post=4773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}